If You Invested $1,000 In Coca-Cola Stock When Warren Buffett Did, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
Warren Buffett's Berkshire Hathaway Inc (BRK-A, BRK-B) has maintained its position in Coca-Cola Co (KO), holding 400 million shares. The firm first purchased Coca-Cola shares in 1988, acquiring 14,172,500 shares at an average price of $41.81. Today, the firm owns around 6.9% of its portfolio in Coca-Cola, which equates to over 9% of Coca-Cola’s shares. If an investor had followed Buffett's lead in 1988, a $1,000 investment in Coca-Cola would now be worth $23,196.66, a 2,219.7% increase over 35 years.
August 18, 2023 | 12:26 pm
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POSITIVE IMPACT
Berkshire Hathaway's long-term investment in Coca-Cola has yielded significant returns, demonstrating the firm's successful investment strategy.
The news highlights the successful long-term investment strategy of Berkshire Hathaway, which could boost investor confidence and potentially lead to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Berkshire Hathaway's long-term investment in Coca-Cola has yielded significant returns, demonstrating the firm's successful investment strategy.
The news highlights the successful long-term investment strategy of Berkshire Hathaway, which could boost investor confidence and potentially lead to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Coca-Cola's stock has seen a significant increase in value over the past 35 years, demonstrating the company's long-term growth and stability.
The news highlights the long-term growth and stability of Coca-Cola, which could boost investor confidence and potentially lead to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100